Black Design Collective
Nonprofit profile at a glance
- EIN
- 831150486
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2022
- Location
- Los Angeles, CA, USA
- Phone
- 3104628824
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $315,348
- Expenses
- $295,070
- Assets
- $113,191
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Kevan Hall (President)
People named in this filing
- Thomas J Walker (Treasurer)
- Kevan Hall (President)
- Deborah Lee Hall (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Black Design Collective seeks to amplify the influence of and create opportunities for the community of Black apparel, accessory, and costume designers within the United States. Through Mentorship, Advanced Entrepreneurship Education and Training, Scholarships, and Community Activations, the BDC aims to foster an independent, ethical, and self-sustaining Black fashion community.
What it reported doing in 2024
Advanced Entrepreneurship Education and Training, which offers valuable learning opportunities and tools (onsite and online) to support basic to advanced career development in the areas of fashion, bespoke, costume, textile, and accessory design Mentorship in the form of talks and pop-up retail experiences, in which individual Black designers and affiliates within the design community provide behind-the-scenes tips for success in the industry and matched mentors assist members with navigating the processes of building, expanding, and maintaining profitable businesses.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 79
- Accountability: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.2%; rating input score 25
- Program expense ratio: 26.9%; rating input score 27
- Fundraising efficiency: $3 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.4%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 74.3% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 20.7% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 65.2% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 25.2% of revenue deployed · 26.9% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $79K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 25/100.
- High — Financial Efficiency: Program expense ratio scored 27/100.
- High — Financial Efficiency: Fundraising efficiency scored 13/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 53/100.